EU Inc. Does an EU Inc. need a notary? The draft's answerBelgium: no minimum capitalBulgaria: start a ООД with €1Croatia: formed fully onlineCyprus: no minimum capitalCzechia: start an s.r.o. with CZK 1Estonia: start an OÜ with €0.01Finland: no minimum capitalFrance: start an SAS with €1Germany: €25 000 minimum capital for a GmbHGreece: no minimum capitalHungary: no notary neededIreland: no minimum capitalItaly: start an s.r.l. with €1Latvia: formed fully onlineLithuania: no notary neededMalta: no notary neededNetherlands: no minimum capitalPoland: PLN 5 000 minimum capital for an Sp. z o.o.Romania: no notary neededSlovakia: €5 000 minimum capital for an s. r. o.Slovenia: €7 500 minimum capital for a d.o.o.Spain: start an SL with €1Sweden: no notary neededEU Inc. Does an EU Inc. need a notary? The draft's answerBelgium: no minimum capitalBulgaria: start a ООД with €1Croatia: formed fully onlineCyprus: no minimum capitalCzechia: start an s.r.o. with CZK 1Estonia: start an OÜ with €0.01Finland: no minimum capitalFrance: start an SAS with €1Germany: €25 000 minimum capital for a GmbHGreece: no minimum capitalHungary: no notary neededIreland: no minimum capitalItaly: start an s.r.l. with €1Latvia: formed fully onlineLithuania: no notary neededMalta: no notary neededNetherlands: no minimum capitalPoland: PLN 5 000 minimum capital for an Sp. z o.o.Romania: no notary neededSlovakia: €5 000 minimum capital for an s. r. o.Slovenia: €7 500 minimum capital for a d.o.o.Spain: start an SL with €1Sweden: no notary needed
Open in Europe

Proposal — not yet law

Yes, under the draft. Article 3 lets one or more natural or legal persons form an EU Inc. and sets no nationality or residency condition. A founder in the United States, India or the United Kingdom would be allowed on the text as it stands.

The two conditions that do apply

Article 9: the registered office and the central administration or principal place of business must be in the Union. A founder abroad would need the business to run from inside the EU, not only an address there.

Article 42: at least one of the directors must be resident in the Union. A founder abroad can own the company alone; the board needs one person who lives in the EU.

Fully online

Article 10: all procedures can be carried out fully online, and a person can be asked to appear only where identity falsification is suspected or where there is reason to doubt the legal capacity or the authority of the people acting for the company. That is the draft's answer to the trips to a notary's office that some national forms still require.

The founder's own position

The company's form does not change the founder's. A visa, a personal tax residence and a bank's willingness to open an account are not in the regulation. Those are decided by the country and by the bank.

Today, without EU Inc.

Several national forms are open to founders outside the EU now, with no capital and no notary in some countries. The picture for a founder abroad, country by country.

Sources

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